IBI Group Inc T.IBG.DB.E

RE:RE:RE:RE:RE:All the senior partners

[patenright]

Stopped out heh, that is trader lingo so your a trader and not an investor.  Fairy tale, I said the equity goes to $0 or $3-4 how is that fairy tale.  If IBG can turn it around (never said they could) $3-4 is very reasonable as  with 10-12% ebitda margins  IBG should be able to make around $15-20M of annual cashflow.  I am not saying any turn around will happen in short run either  but more like 2nd half 2014 and into  2015 and stocks are a discounting mechanism so stock would start moving before that time period. 

Also, I used Nortel as an example of a stock that went to $0 but the bonds returned very nice returns which is what could happen with IBG, funny how you just ignoed that fact.  Your an accountant, wow - we all better listen then, well I am a CFA (certfied financial analyst)  having worked in the investment industry for over 20 years so I dont need advice from an accountant.     

My intuition  tells me  you never were stopped out and are down a lot of money and are now here to vent your frustrations and accuse Mgt of outright fraud when you have not one ounce of proof.  Be a man and suck it up and either sell and be gone or hold or maybe even sell the equity and buy the bonds as I have suggested.